Welcome to our dedicated page for Pasofino Gold news (Ticker: EFRGF), a resource for investors and traders seeking the latest updates and insights on Pasofino Gold stock.
Pasofino Gold Limited (EFRGF) news coverage tracks developments from this Canadian junior mining company focused on advancing Liberia's largest undeveloped gold deposit. The Dugbe Gold Project sits at the center of the company's activities, making Pasofino's news particularly relevant for investors following West African gold exploration and development.
News from Pasofino Gold typically covers project development milestones, including feasibility study updates, exploration results, and technical assessments. As a development-stage company, each announcement reflects progress toward potential mine construction. Mineral Development Agreement updates with the Liberian government represent significant regulatory developments that shape the project's path forward.
Investor-focused announcements include financial statement releases, shareholder meeting outcomes, and corporate governance matters. The company's fiscal year ends in April, so annual reporting follows a different schedule than calendar-year companies. Conference participation and investor presentation announcements signal opportunities to learn more about project developments directly from management.
Strategic relationship developments, such as cooperation agreements with other mining entities operating in Liberia, provide context on the broader competitive and collaborative landscape. Board changes and shareholder rights plan updates indicate corporate governance evolution as the company advances its project.
Bookmark this page to monitor Pasofino Gold's progress on the Dugbe Gold Project, exploration results, partnership developments, and regulatory milestones that matter to shareholders and those tracking the West African gold sector.
Pasofino Gold (TSXV: VEIN) (OTCQB: EFRGF) has announced results from its maiden diamond core drilling at the Bukon Jedeh 'gold camp' within the Dugbe Gold Project in Liberia. Highlights include:
- 8 out of 11 holes reached target depth with gold mineralized intervals
- BKDD001: 21.3m with an average grade of 0.9 g/t Au from 53.5m downhole
- BKDD004: 4.0m with an average grade of 2.1 g/t Au from 46.5m downhole
- BKDD011: 2.5m with an average grade of 2.2 g/t Au from 43.5m downhole
The company plans to focus future exploration on the western area of Bukon and the DSZ target, which is 4 km from the Tuzon deposit and yielded 36m at an average of 0.6 g/t Au in a previous channel cut.
Pasofino Gold has completed a diamond core drilling program at the Bukon Jedeh 'gold camp' within its Dugbe Gold Project in Liberia. The program tested 11 holes totaling 1,328 meters. The drilling targeted various sites, including historic intersections and new promising intervals. Notably, a 1.5 km long east-west zone, named SPMC-99 Steps trend, was identified. The drilling was completed on time and within budget, with sampling 50% complete and results expected in July 2024. Several intervals show multi-meter-wide zones of sulphide minerals, potentially indicating gold presence. The company maintains positive relations with local communities, supporting the successful execution of the project.
Pasofino Gold has announced the appointment of Warren Greenslade as interim CEO, replacing Dr. Daniel Limpitlaw. Dr. Limpitlaw will remain as a consultant, focused on providing technical support for the Dugbe Project. Greenslade, currently the Country Manager for Liberia, brings 15 years of project and operational management experience, including roles in Bosnia, the Middle East, and Africa. His previous experience includes positions with Chevron Oil and managing mining projects in Ghana, DRC, Guinea, and Gabon. The company aims to appoint a permanent CEO with a strong mine development track record as the Dugbe Project progresses.
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